Should Oregon borrow millions to endow college scholarships? Voters will weigh in - Betsy Hammond, the Oregonian

Oregon Treasurer Ted Wheeler makes an unusually frank and modest case for why voters should approve Measure 86, which would allow the state to borrow money to endow a fund for college financial aid: >> Taking on state debt isn't the best way to endow a scholarship fund, since all the debt has to be repaid with interest; directly allocating money from the state budget would pack nearly twice the wallop, Wheeler says. >> Even if the fund were to grow as large as $400 million, which would take many years, that wouldn't solve the problems that make college unaffordable for many Oregonians; it would make only a dent, Wheeler acknowledges. http://www.oregonlive.com/education/index.ssf/2014/10/should_oregon_borrow_millions.html